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FSA and the Equitable.
(From Financial Director)
The Financial Services Authority said in a statement that it had decided not to investigate fully the conduct of Roy Ranson, former CEO of Equitable Life. The FSA said that the only penalties it could impose were those in force at the time Ranson was at the Equitable - ie, to prevent Ranson from joining an FSA-authorised firm or from being personally authorised by the FSA. "Since Mr Ranson is ...
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